For FMCG, rural markets finally deliver some cheer
India’s fast-moving consumer goods industry grew 6.6% in the March quarter as rural demand outpaced urban markets for the first time in 15 months
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India’s fast-moving consumer goods industry grew 6.6% in the March quarter as rural demand outpaced urban markets for the first time in 15 months
The maker of packaged consumer goods, however, said it expects a slight jump in domestic volumes for the festival quarter and low double-digit growth in operating profit
The association will open new avenues for growth, collaboration, and enhanced digital experiences, the company said on Monday. Saffola Store is the company’s direct-to-consumer platform for edible oil and packaged food brand Saffola.
The company would target mass market consumers and use pricing to enter shops and households
The abrupt ban on palm oil exports by Indonesia, its biggest exporter, is expected to rock household economics globally. Palm oil is among the world’s most-used cooking oils, and India’s dependence on Indonesia is expected to deal a supply-side shock. Mint takes a look: